Blockbuster Video Investor Presentation Deck

Summary Of Proposal Blockbuster proposes to acquire Circuit City for at least $6 in cash per share, subject to due diligence All-cash offer represents a minimum 54% premium to Circuit City's April 11, 2008 closing price We believe we have the resources necessary to complete an all-cash transaction A proposal was initially made in a letter sent to Circuit City on February 17, 2008 Combination would create an $18 billion global retail enterprise Both companies would benefit from complementary products, marketing, management strengths, systems and distribution • Significant revenue and cost synergies expected Blockbuster's Board of Directors fully supports the proposed transaction BLOCKBUSTER city BLOCKBUSTER Page 3

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